Herbalife Ltd. reported fourth quarter net sales of $1.1 billion. Net sales, excluding currency impact, grew by 9.7%, while reported net sales declined 3.1% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.19 per diluted share compared to $1.41 per diluted share for the same period in 2014. On a reported basis, fourth quarter net income was $84.5 million, or $0.98 per diluted share, compared to $103.3 million, or $1.21 per diluted share for the same period in 2014.
Fourth quarter 2015 net income and diluted EPS were negatively impacted by $26.0 million2 and $0.302 per diluted share respectively, due to currency fluctuations.
For the quarter ended December 31, 2015, the company generated $135.5 million in net operating cash flow, and invested $30.4 million

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